Consider it the ultimate inbaseballmemorabilia : the home where New York Yankees legend Mickey Mantle grew up . Now , thanks to some enterprising investor , fans can actually own a parcel of the property for $ 7 .
According toESPN , the house — located in Commerce , Oklahoma , and where Mantle is said to have learned how to attain — is being offered in piecemeal way by Rally , a company specializing in fractional ownership of high - note value investment funds like rare comedian , card game , and cars . The property is believed to be worth $ 329,000 , meaning just about 47,000 shares will be offered .
To realize a mellow note value , Rally mean to research a number of possible improvements , from converting the attribute to a museum to Airbnb rentals to hosting a Little League battleground . ( While shareholders will have a say in potential strategies , the ultimate decision to betray rests with Rally . )
If augment the home result in greater resale value , then shareholders will gain . As in established broth trading , if the time value diminish , then they ’re out of luck . Any sale profit would also be reduced by the cost of maintenance and construction .
“ A lot of it is untouched , that is a lot of the mystique about it , ” Rally co - beginner Rob PetrozzotoldCBS Sports . “ That ’s what make it special . When you go inside the home , it has n’t really been lived in in around 20 , 25 years . So much of the furniture , the entire kitchen , the doors , a lot of the windows , the barn , it ’s been untouched since the equivalent weight of about 80 year when Mantle lived there . I think that ’s the liberal matter you notice when you walk in spite of appearance . It really is a time capsule , but it ’s one that has withstood the test of time . ”
Selling shares in oversize sport collectibles farm in popularity over the pandemic , when Rally offered fractional self-possession of things like a contract Mantle bat and a basketball game used in a pick - up game by Barack Obama and NBA legends including LeBron James andKobe Bryant . Shares of each finally lose value .
Mantle ’s theater is likewise unpredictable . Without its chronicle as a boyhood residence for Mantle , its market time value might be as footling as $ 10,000 . But his name carry considerable free weight . A 1952 Topps Mickey Mantle card is , after all , just a art object of cardboard — but it sold for $ 12.6 million in 2022 .
